The pressing challenge of climate change has prompted the U.S. government to rethink various aspects of its infrastructure, notably the real estate sector. Buildings, encompassing both residential and commercial properties, are accountable for a staggering 31% of greenhouse gas emissions in the United States, as reported by the Environmental Protection Agency (EPA). This figure highlights
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In Renton, Washington, cradled in the shadow of its own manufacturing plants, Boeing is grappling with escalating tensions between the company and its employees. The ongoing machinist strike, which has now entered its second week, has revealed the broader economic pressures felt by workers as they push for better wages amid soaring living costs in
On a momentous Friday, the Federal Trade Commission (FTC) took a significant step towards addressing the escalating insulin prices that have plagued many Americans for years. The FTC filed a lawsuit against three giant players in the pharmacy benefit manager (PBM) sector: UnitedHealth Group’s Optum Rx, CVS Health’s Caremark, and Cigna’s Express Scripts. These entities,
In a surprising turn of events, Nike has announced that John Donahoe, the company’s CEO since January 2020, will step down, making way for the return of Elliott Hill, a long-time veteran with extensive experience within the brand. Hill, who recently retired, will take the helm on October 14, 2023, just a day after Donahoe’s
In a significant move that could transform the European banking sector, UniCredit has recently announced the acquisition of a 9% stake in the German lender Commerzbank. This strategic investment raises inquiries as to whether such a step may herald the dawn of cross-border mergers and invigorate an often fragmented European banking framework. CEO Andrea Orcel
The world of retirement accounts can be complex, particularly when it comes to inherited accounts. With recent changes ushered in by legislation like the Secure Act of 2019 and Secure 2.0, understanding how to efficiently manage a newly inherited pretax Individual Retirement Account (IRA) is imperative. Failure to navigate these waters can result in hefty
The former CEO of British chip design firm Arm, Warren East, recently gave a keynote speech at Cambridge Tech Week criticizing the U.K.’s lackluster performance in commercializing technology businesses globally. According to East, there needs to be a mindset shift in the investor community in order for the U.K. to succeed on the world stage.
When considering dividend stocks, one of the top picks provided by Wall Street’s top pros on TipRanks is EPR Properties (EPR). This real estate investment trust specializes in experiential properties such as movie theaters, amusement parks, eat-and-play centers, and ski resorts. EPR offers a generous dividend yield of 7.3%, making it an attractive option for
Fans of the Dallas Mavericks and New Orleans Pelicans are gearing up for the upcoming National Basketball Association season with anticipation of changes in how they consume local games. According to a recent bankruptcy court filing, both teams are parting ways with their regional sports networks owned by Diamond Sports. This shift is happening just
The federal government has implemented a strict policy regarding seriously delinquent tax debts, which could potentially lead to the revocation or limitation of an individual’s passport. This policy has been in place since 2018 and aims to enforce the collection of unpaid tax levies as a last resort measure. Any American with a federal tax